South Korea's ETF Market Sees Significant Asset Growth

Amid a robust domestic stock market, South Korea's exchange-traded fund (ETF) market has witnessed a sharp increase in net assets, with accelerated growth.

16 Feb, 07:00 — 16 Feb, 07:00

Coverage (1 source)

Korea Herald16 Feb, 07:00

Korea sees sharp rise in ETF assets

Amid a buoyant domestic stock market, South Korea's exchange-traded fund market has seen a sharp rise in net assets, with the pace of growth accelerating further. The total net assets of ETFs listed here stood at 354.74 trillion won ($246 billion) as of Monday, according to the Korea Financial Investment Association. The figure combines products that track domestic and overseas equities, as well as other underlying assets. This marks an increase of nearly 50 trillion won in about a month, after

By The Korea Herald

Read at source →